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$TIF 2Q15 Call: Gross margin was 59.9% in 2Q15, unchanged from 2Q14, due to the favorable effects of product input cost and lower wholesale sales of diamonds. For the full year, the company continues to expect a modest increase in gross margin. SG&A expenses increased 9% in the quarter.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.